(ALG) Alamo Group complete technical analysis [charts+indicators] | Buy/Sell Alamo Group | (ALG) share price targets
Complete technical analysis of Alamo Group (ALG) by charts plus indicators, forecast predictions and share price targets for Alamo Group (ALG)
Alamo Group trades in USA in Capital Goods sector.
10 day averaged volume of Alamo Group is 68470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 198.52 | 199.64 | 201.20 | 197.90 | 0.746 times |
| 25 Thu Apr 2024 | 199.63 | 202.06 | 202.06 | 196.83 | 1.709 times |
| 24 Wed Apr 2024 | 204.20 | 204.12 | 205.92 | 200.95 | 0.846 times |
| 23 Tue Apr 2024 | 204.99 | 204.98 | 208.66 | 203.84 | 0.933 times |
| 22 Mon Apr 2024 | 204.61 | 204.47 | 206.46 | 202.18 | 0.981 times |
| 19 Fri Apr 2024 | 202.34 | 203.84 | 207.40 | 202.12 | 1.014 times |
| 18 Thu Apr 2024 | 204.85 | 207.67 | 208.61 | 204.22 | 0.853 times |
| 17 Wed Apr 2024 | 206.61 | 213.47 | 213.49 | 206.28 | 1.268 times |
| 16 Tue Apr 2024 | 212.74 | 213.75 | 215.66 | 212.15 | 0.672 times |
| 15 Mon Apr 2024 | 215.15 | 215.51 | 220.61 | 212.51 | 1.015 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 195.3, for a target of 204.1 or 211.48
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 182.30 |
| Downside Target | 188.36 |
| Downside Target | 196.38 |
| Upside Target | 208.66 |
| Upside Target | 217.68 |
| Upside Target | 220.61 |
| Upside Target | 222.88 |
| Upside Target | 227.22 |
| Upside Target | 228.88 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 194.01 |
| Downside Intraday Target | 189.51 |
| Upside Intraday Target | 205.84 |
| Upside Intraday Target | 213.17 |
| Upside Intraday Target | 201.34 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 198.52 | 204.47 | 208.66 | 196.83 | 1.082 times |
| 19 Fri Apr 2024 | 202.34 | 215.51 | 220.61 | 202.12 | 1.331 times |
| 12 Fri Apr 2024 | 213.89 | 219.98 | 222.88 | 211.62 | 0.671 times |
| 05 Fri Apr 2024 | 218.60 | 227.22 | 227.22 | 211.51 | 1.081 times |
| 28 Thu Mar 2024 | 228.33 | 215.53 | 228.88 | 215.53 | 1.225 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Alamo Group (ALG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 198.52 | 227.22 | 227.22 | 196.83 | 0.949 times |
| 28 Thu Mar 2024 | 228.33 | 203.58 | 228.88 | 200.12 | 0.873 times |
| 29 Thu Feb 2024 | 202.29 | 213.83 | 231.40 | 188.36 | 1.048 times |
| 31 Wed Jan 2024 | 212.28 | 208.00 | 217.68 | 196.38 | 1.359 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Alamo Group (ALG)
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alamo Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 204.96 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alamo Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 204.96 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.